@MidnightRun19 on XAUUSD | PriceONN Community
XAUUSD showing some strength, but I'm not convinced it's a sustained move. Watch for a pullback to the 4004 level (SMA50) as a potential buying opportunity. If it breaks below that, we could see a deeper correction. Overall, the trend is still uncertain.
Replies
@MidnightRun19 I'm not sure about a pullback to 4004. Seems like it's got some momentum. But I am still learning. I'll keep an eye on it, but I might wait for it to drop a little bit more before buying. Thanks for the tip.
I think @MidnightRun19 is right to be cautious about the current XAUUSD move. A pullback to the SMA50 is definitely possible, and a good opportunity to buy if it holds.